Madison Conservative Allocation Fund (MCNAX) Alternatives
Madison Conservative Allocation Fund (MCNAX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MCNAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MCNAX
MCNAX charges 0.71% annually. Among mutual funds in the Diversified Portfolio category, these options have the lowest expense ratios among MCNAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | Jan 1, 2022 | MCNAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | Sep 12, 2017 | MCNAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | Dec 8, 2011 | MCNAX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | Feb 9, 2022 | MCNAX vs FYMIX | |
| Baron WealthBuilder Fund | 0.05% | Dec 28, 2017 | MCNAX vs BWBIX |
Best Risk-Adjusted Alternatives to MCNAX
Among mutual funds in the Diversified Portfolio category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | Nov 16, 2003 | MCNAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | Dec 24, 2002 | MCNAX vs TIBIX | |
| Chartwell Income Fund | 96 | Sep 2, 1987 | MCNAX vs BERIX | |
| Nuveen Flexible Income Fund | 96 | Dec 8, 2009 | MCNAX vs NWQIX | |
| Pioneer Multi-Asset Income Fund A | 93 | Dec 22, 2011 | MCNAX vs PMAIX |
Top Performing MCNAX Alternatives (YTD)
MCNAX alternatives from the Diversified Portfolio category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| PGIM Real Assets Fund | 10.18% | Dec 29, 2010 | MCNAX vs PUDZX | |
| Thornburg Investment Income Builder Fund Class I | 9.82% | Dec 24, 2002 | MCNAX vs TIBIX | |
| DWS RREEF Real Assets Fund - Class A | 9.77% | Jul 30, 2007 | MCNAX vs AAAAX | |
| ICON Equity Income Fund | 9.60% | May 9, 2004 | MCNAX vs IOEZX | |
| Timothy Plan Defensive Strategies Fund | 9.31% | Nov 3, 2009 | MCNAX vs TPDAX |
Lowest Volatility Alternatives to MCNAX
MCNAX alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.93% | Nov 16, 2003 | MCNAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.66% | Apr 8, 2012 | MCNAX vs SCLAX | |
| Ave Maria Bond Fund | 3.44% | Apr 30, 2003 | MCNAX vs AVEFX | |
| American Funds College 2027 Fund | 3.50% | Sep 13, 2012 | MCNAX vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 3.68% | Nov 16, 2003 | MCNAX vs SICIX |
Lowest Drawdown Alternatives to MCNAX
MCNAX alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.59% | Nov 16, 2003 | MCNAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | Apr 8, 2012 | MCNAX vs SCLAX | |
| Ave Maria Bond Fund | -2.52% | Apr 30, 2003 | MCNAX vs AVEFX | |
| American Funds College 2027 Fund | -2.72% | Sep 13, 2012 | MCNAX vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.73% | Nov 16, 2003 | MCNAX vs SICIX |
Other Mutual Funds from Madison Funds
Most popular Madison Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Madison Aggressive Allocation Fund | Diversified Portfolio | 43 | -0.91% | Jun 29, 2006 | MCNAX vs MAGSX | |
| Madison Mid Cap Fund | Mid Cap Blend Equities | 6 | -4.35% | Jul 21, 1983 | MCNAX vs GTSGX | |
| Madison Investors Fund | Large Cap Blend Equities | 6 | -2.68% | Nov 1, 1978 | MCNAX vs MINVX | |
| Madison Covered Call & Equity Income Fund | Derivative Income | 41 | 3.70% | Oct 29, 2009 | MCNAX vs MENYX | |
| Madison Dividend Income Fund | Large Cap Value Equities | 29 | 5.30% | Dec 18, 1986 | MCNAX vs BHBFX | |
| Madison Small Cap Fund | Small Cap Blend Equities | 6 | 0.10% | Dec 16, 1996 | MCNAX vs BVAOX | |
| Madison Moderate Allocation Fund | Diversified Portfolio | 42 | -0.80% | Jun 29, 2006 | MCNAX vs MMDAX | |
| Madison Tax-Free National Fund | Municipal Bonds | 45 | -0.51% | Dec 29, 1982 | MCNAX vs GTFHX | |
| Madison Core Bond Fund | Intermediate Core Bond | 38 | -0.46% | Dec 29, 1997 | MCNAX vs MBOAX | |
| Madison Diversified Income Fund | Diversified Portfolio | 46 | 1.45% | Dec 28, 1997 | MCNAX vs MBLAX |
Often Compared With MCNAX
What investors most often compare with MCNAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Ares Capital Corporation | 17 | -9.97% | — | MCNAX vs ARCC | ||
| iShares iBoxx $ Investment Grade Corporate Bond ET... | Corporate Bonds | 39 | -0.27% | Jul 26, 2002 | MCNAX vs LQD | |
| JPMorgan Equity Premium Income ETF | Actively Managed, Dividend, Derivative Income | 34 | 0.46% | May 20, 2020 | MCNAX vs JEPI | |
| Calvert Conservative Allocation Fund Class I | Diversified Portfolio | 52 | -1.58% | May 20, 2016 | MCNAX vs CFAIX | |
| Mutual of America Aggressive Allocation Fund | Diversified Portfolio | 47 | -0.83% | Nov 29, 2021 | MCNAX vs MAANX | |
| Concorde Wealth Management Fund | Diversified Portfolio | 86 | 9.02% | Dec 3, 1987 | MCNAX vs CONWX | |
| Quantified Managed Income Fund | Diversified Portfolio | 19 | -0.38% | Aug 8, 2013 | MCNAX vs QBDSX | |
| Kinetics The Global Fund | Diversified Portfolio | 14 | 6.72% | Dec 30, 1999 | MCNAX vs WWWEX |
Compare MCNAX with Any Fund or Stock
Compare MCNAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.